US STOCKS-Wall St powers higher after euro-zone agreement

Newswire

* Oil prices climb, energy stocks follow * RIM, Nike shares sharply lower, KB Homes jumps * Dow up 1.8 pct, S&P up 2 pct, Nasdaq up 2.6 pct (Updates to late afternoon, changes byline) By Chuck Mikolajczak NEW YORK, June 29 (Reuters) - U.S. stocks surged on Friday as investors cheered an agreement by European leaders to stabilize the region's banks, a pact that helped remove some of the uncertainty that has been plaguing markets. The broad rally put the S&P 500 on track for its best ...

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